APMM floats along on 'solid' Q1 profitability in Ocean, well prepared for choppy water
Despite President Trump’s claim this week that Yemen’s Houthi rebels had “surrendered to the US” ...
Photo: VesselFinder
By Alison Koo
The charter market for containerships is diverging in response to the many pressures on supply chains, despite having shown surprising resilience to geopolitical events in the past.
Rates for ships larger than 5,000 teu are showing correction, due to uncertainty over US-China trade tensions.
Clarksons’ latest weekly report indicates current rates for a 6,500 teu vessel are averaging $72,000 a day, down from $73,438 last month.
“Easing rates have been seen in the larger sizes for short-period transactions, with reports of instability surrounding ...
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